Navigating our sustainability journey: Hikvision's ESG management system in brief

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In today's dynamic business landscape, Environmental, Social, and Governance (ESG) has emerged as a trending topic and a powerful tool that enables companies to make a positive impact on society. Through relentless ESG efforts, companies can contribute to communities and the environment, collaborating with various partners for sustainable development and long-term value.

To establish an effective ESG management system, companies must adopt a holistic approach that fosters social and environmental responsibilities, while achieving governance success. Hikvision’s ESG management system is built upon the integration of corporate social responsibility and a sustainable development into our business operations. We have identified "Tech for a Better World" as the core of our ESG management and practices, with four key focus areas: Integrity and Compliance, Green and Low-Carbon Development, Harmonious Co-existence, and Commitment to Excellent Quality.

1. Integrity and Compliance: Robust governance with a positive impact

Hikvision's commitment to optimized governance and enhanced compliance sets the stage for a promising future. Our diverse Board of Directors establishes comprehensive internal management regulations and promote standardized operations, which empowers the company to make meaningful contributions to society at large. Meanwhile, we have seamlessly integrated compliance into our global presence. The Global Advisory Committee provides the ESG management team with compliance insights and expertise, and the Technical Ethics Committee facilitates practices that align technology with ethical responsibility.

2. Green and Low-Carbon Development: Diverse innovations towards a greener footprint

One of Hikvision’s top priorities as a company is to operate in a greener, more sustainable way and to protect the environment for future generations. To achieve this, we innovate our ESG products and services to save energy and reduce waste, while also transitioning to greener design and manufacturing processes and minimizing the carbon footprint of our office parks and other locations. All of these efforts contribute to minimizing waste and other negative environmental impacts.

3. Harmonious Co-existence: Embracing responsibility for shared prosperity

For the employees, Hikvision offers competitive compensation and benefits, foster diversity and inclusion, and invest in a comprehensive training system. Regarding our supply chain partners, we evaluate 100% of new suppliers based on environmental and social criteria, and advocate for a green supply chain concept. More than that, we have launched the STAR Program for Social Good, initiating innovative collaborations and public welfare projects to engage employees in social services, encouraging them to support those in need.

4. Commitment to Excellent Quality: Creating value for customers and society

Hikvision is dedicated to offering premium products and services to our customers and society, contributing to sustainable development, and creating higher value for all stakeholders. We achieve this by prioritizing quality, fostering quality awareness among employees, and consistently exceeding customer expectations. Furthermore, Hikvision is committed to driving technological advancement by providing AIoT hardware, ESG software, and solutions tailored to specific industrial scenarios. This approach not only serves a broader audience, but also enhances energy efficiency while reducing the carbon footprint.